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Hicon Network Technology (Shandong) Co (SZSE:301262) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Hicon Network Technology (Shandong) Co Debt-to-Equity?

Hicon Network Technology (Shandong) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Hicon Network Technology (Shandong) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Hicon Network Technology (Shandong) Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,538.4 Mil. Hicon Network Technology (Shandong) Co's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Hicon Network Technology (Shandong) Co's Debt-to-Equity or its related term are showing as below:

SZSE:301262's Debt-to-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Hicon Network Technology (Shandong) Co Debt-to-Equity Historical Data

The historical data trend for Hicon Network Technology (Shandong) Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hicon Network Technology (Shandong) Co Debt-to-Equity Chart

Hicon Network Technology (Shandong) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Hicon Network Technology (Shandong) Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Hicon Network Technology (Shandong) Co's Debt-to-Equity

For the Broadcasting subindustry, Hicon Network Technology (Shandong) Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hicon Network Technology (Shandong) Co's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hicon Network Technology (Shandong) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hicon Network Technology (Shandong) Co's Debt-to-Equity falls into.



Hicon Network Technology (Shandong) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hicon Network Technology (Shandong) Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Hicon Network Technology (Shandong) Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hicon Network Technology (Shandong) Co  (SZSE:301262) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Hicon Network Technology (Shandong) Co Debt-to-Equity Related Terms

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Hicon Network Technology (Shandong) Co (SZSE:301262) Business Description

Traded in Other Exchanges
N/A
Address
No. 18567, Jingshi Road, 6th Floor, New Radio and Television Center Building, Shandong Province, Jinan, CHN, 250062
Hicon Network Technology (Shandong) Co Ltd exclusively operate the operating business related to Shandong IPTV integrated broadcast control.

Hicon Network Technology (Shandong) Co (SZSE:301262) Headlines

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